Gold price skyrockets but may be just the beginning
David Erfle - founder of JuniorMinerJunky.com - commented that gold prices skyrocketed as geopolitical tensions, economic instability and drastic trade policies from the US pushed investors into safe-haven assets. The gold rally may just be the beginning.
Gold is starting to soar. The chaos and instability of Donald Trump's administration in his second term has turned the situation into an event that has forced investors to pay loans, affecting the process of reducing the use of financial leverage.
Thousands of billions of dollars in market value were erased and then added to the portfolio. This has created a lot of anxiety among investors and caused some investors to shift some of their capital into the gold sector," Erfle told Kitco's senior mining editor and host, Paul Harris.
Amid this volatility, the USD index has fallen below 100 and long-term bond yields have surged. Erfle said the combination has removed Treasury bonds from their traditional safety asset role and opened up opportunities for gold's dominance. See more...
Restructuring rice exports, cautious and flexible according to the market
Domestic gasoline prices continue to fall sharply
In the adjustment session on April 17, the price of E5 RON 92 gasoline decreased compared to the previous adjustment period, at VND18,498/liter (down VND384/liter). RON 95-III gasoline price decreased compared to the previous adjustment period, at VND18,856/liter (down VND351/liter).
Prices of oil products increased and decreased in opposite directions. Of which, diesel 0.05S is priced at VND17,037/liter (down VND206/liter); kerosene has a new price of VND17,184/liter (down VND229/liter); mazut is priced at VND15,960/kg (up VND58/kg). See more...
Dong Anh leads in townhouse and villa transactions despite prices reaching the peak
In the first quarter of 2025, the villa and townhouse segment recorded positive signals, supported by development infrastructure, promoting expansion to the suburbs and neighboring provinces.
Do Thu Hang - Senior Director of Savills Hanoi Research and Consulting Department - said that in Hanoi, the new supply for sale reached 2,319 units. Primary supply reached 4,004 units from 17 projects, down 20% quarter-on-quarter but up six times year-on-year. Townhouses account for 64% of primary supply, followed by commercial townhouses with 31% and villas with 5%.
The number of transactions reached 1,629 units, down 49% quarter-on-quarter but increasing sharply year-on-year. The quarterly absorption rate decreased by 26 percentage points quarter-on-quarter, reaching 41% but increasing by 13 percentage points year-on-year.
Vingroup's projects in Dong Anh and Dan Phuong have a large demand. Dong Anh leads with 52% of primary transactions equivalent to 848 apartments, followed by Dan Phuong with 43%. The remaining 5% came from other suburban areas such as Thuong Tin and Ha Dong. See more...
